November 29, 2015 4:53 am
This comes at a time when pressure is mounting on insurers to invest in Tier-I bonds of banks and some insurers are sitting on huge losses arising from their equity investments in banks.
November 28, 2015 5:06 am
According to dealers, the Reserve Bank intervened in the market and sold dollars to stem the rupee fall.
November 28, 2015 2:25 am
“The Tatas are present here with Tata Metaliks, Tata Hitachi and TCS. No other company in the state has such large presence in terms of manpower,” said Mitra.
November 28, 2015 1:37 am
The bank which made the announcement in an internal e-mail to employees will move around 70 employees working in the division to the retail banking business.
November 28, 2015 1:35 am
The scheme, which was launched by Prime Minister Narendra Modi earlier this month, garnered only 400 grams of physical gold of the over 20,000 tonnes worth gold lying idle in the country.
November 26, 2015 1:05 am
Fares may be capped at Rs 2,500 per flying hour
November 26, 2015 12:49 am
Failure to enact legislation on unified GST and Land Acquisition Bill could hamper flow of investments.
November 23, 2015 1:51 am
As many as 2,26,339 patent applications were pending as on July 31, 2015, due to shortage of professionals, according to the government data.
November 23, 2015 10:28 am
The Prime Minister’s comment comes ahead of the GDP data for the second quarter of FY16 expected this week. India’s economy grew by 7.3 per cent in FY15 and by 7 per cent in Q1FY16.
November 22, 2015 1:27 am
The reserve price for the assets going on sale has been set at Rs 65 lakh. The auction will let the lenders recover just a small fraction of Rs 6,963 crore that the Kingfisher owes to banks.
November 21, 2015 5:42 am
The findings pointed to the fact that in most of these ministries /departments the percentage of personnel in the age group 20-30 years was significantly lower than in the larger departments.
November 21, 2015 12:57 am
According to the proposal, on which the finance ministry has sought public comments, the provisions having a sunset date will not be modified to advance the sunset date.
November 21, 2015 1:01 am
NDTV also said it has been advised that the allegations of the contraventions of FEMA norms in the showcause notice are not "legally tenable".
November 21, 2015 1:16 am
In the UK, all public pension schemes, including the Armed Forces schemes, have been replaced by new schemes, the Pay Commission report has noted.
November 21, 2015 12:57 am
Remain divided over the issue of threshold below which small bizs to be exempted from the new levy
November 21, 2015 12:19 pm
"The principle of equality of opportunity cannot be stretched to mean “equality of outcomes,” Rae has said in his dissent note.
November 21, 2015 12:20 pm
In a chapter on international comparisons, the report notes that while data on this was not readily available on a comparable basis, the one large country that has a federal structure for which comparable information is available was the US.
November 21, 2015 12:38 am
Jet Airways and Air India came distant second and third by flying 13.23 lakh and 10.88 lakh passengers respectively and their market share stood at 18.8 and 15.5 per cent.
November 21, 2015 1:15 am
Recommendation will benefit all employees who retire before January 1, 2016. According to the government data, there were some 27.81 lakh civilian pensioners as on January 1, 2014.
November 21, 2015 12:33 am
While insurers have already received claims worth over Rs 200 crore, the figure is likely to go up in the coming days and touch around Rs 500 crore, insurance sector officials said.
November 21, 2015 12:19 pm
On the fiscal front, experts feel that a burden of Rs 73,000 crore in FY17 may not pose a major problem for the Centre.
November 20, 2015 1:18 am
The RBI would undertake a due diligence on the applicant to assess his “fit and proper” status to acquire the stake, it said.
October 28, 2015 6:35 am
Against an FDI of Rs 7,508 crore in 2013-14 received by the construction sector, FDI in 2014-15 dipped to Rs 4,582 crore.
October 27, 2015 2:52 pm
To put it simply, if you want to be an e-resident of Estonia, all you need to do is fill a form online, upload the required documents and you are done.
October 26, 2015 1:13 am
The raw material expenditure for the companies fell sharply by 36.8 per cent from Rs 125,267 crore in September 2014 to Rs 79,133 crore resulting into savings and net profit for the companies.
October 26, 2015 1:14 am
Data from CDSCO indicates that since the year 2011, when a total of 41 new drug molecules were approved, the number has dwindled down since, with a minor pick-up last year.
October 25, 2015 3:24 am
It further added that another 2.71 million employee’s shares worth Rs 159.34 crore would be transferred to the private equity major and the said transaction would get completed over the period of next 18 months.
October 17, 2015 4:05 am
The retail category was subscribed 0.9 times as investors applied for 1.13 crore shares against 1.25 crore on offer.
October 19, 2015 6:59 am
Prepaid customers to get message in four hours; Details in bill for postpaid
October 15, 2015 7:07 am
The Baleno — to hit roads on October 26 — will take on the likes of Honda Jazz, Volkswagen Polo and Hyundai Elite i20.
October 14, 2015 4:58 am
The bank said it is undertaking a “comprehensive review to identify deficiencies in the structure, processes and systems” in order to prevent recurrence of such an incident.
October 15, 2015 1:26 am
The fraud was committed on the promise that the company making the payment would not notice a minor change in the e-mail address of the ONGC representative, with whom they had been communicating.
October 14, 2015 5:19 am
The company clocked a 14.1 per cent rise in revenue at Rs 27,165 crore in the latest quarter as against Rs 23,816 crore in the same period of last year.
October 14, 2015 1:49 am
According to a media release, Nippon Life Insurance will invest Rs1,196 crore for a 14 per cent stake in Reliance Capital Asset Management.
October 14, 2015 1:45 am
"It will probably have some finality (validity) in short term of two or five years. But that will help for the businesses to plan,” Raju said.
October 14, 2015 8:24 am
The firm was able to fix it quickly, before going on to sell 10 lakh products in 10 hours on Tuesday. Flipkart registered six million visits from across the country.